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An incentive to make index funds go up is hard to distinguish from an incentive to make the US economy healthy.
by BurningFrog 3y ago
An incentive to make index funds go up is hard to distinguish from an incentive to make the US economy healthy.
- _ea1k 3y agoIt is when it comes at the expense of small business and new competitors, which are less likely to be in those indexes. Want to compete with legacy auto? Want to compete with Google? Hmm, lets think of all the new regulations that you might have to meet. There are perverse incentives even in that system.